Managers of Wealth Offshore

Migration of Non-Jersey Limited Partnerships into Jersey: New Regulations

Update prepared by Felicia de Laat (LP Partner, Jersey), Tim Morgan (Partner, Jersey) and Ben Robins (Partner, Jersey).

The Mauritius Financial Services Commission Issues its Revised Guide to Fitness and Propriety

Being “fit and proper” means an applicant and/or licensee is, on the balance of probabilities, competent and capable of carrying out business in a manner that is both honest and correct.

Appleby Asia Group Head is REcognized in the IFLR1000 Women Leaders List 2020

Women Leaders recognises the leading female transactional lawyers in the world.

This time it's personal: Grand Court of the Cayman Islands recognises minority shareholder rights to bring a direct personal claim

In August and September 2018 the Company issued over $500 million in convertible bonds to a number of subscribers

Trustees' Disclosure Obligations in Guernsey- Requests from Beneficiaries

Given the stakes, it is important that trustees properly understand their disclosure obligations so they can determine when and if they should provide the information sought.

Orange ordered to pay rival Digicel close to $280m

France’s competition watchdog found in 2009 that Orange had hindered the rise of rivals in these markets, notably by signing exclusivity agreements with independent distributors and repair shops, prompting Digicel to sue for damages.

Ireland update: EBA ICT and risk management guidelines apply from 30 June 2020

Risk of loss due to breach of confidentiality, failure of integrity of systems and data, inappropriateness or unavailability of systems and data or inability to change information technology within a reasonable time

Defining the paramater of ‘economic substance’ in UAE's new law

Foreign-owned businesses will need to offer more transparency to pass UAE’s ESR benchmark

The importance of Fund Due Diligence by Limited Partners

This supports the work carried out by Limited Partners' internal teams in reviewing fund terms, in particular the calculation of management fees, fund versus manager expenses, borrowing limitations and hurdles for carried interest.

Luxembourg's Impending Professional Guarantee of Payment Regime, 2020

Luxembourg is a civil law jurisdiction where the Napoleonic (French) civil code originally constituted the framework of its contract law.

Appleby Contributes To Inaugural Blockchain 2020 Guide For Chambers Global

Unsurprisingly, given the Cayman Islands’ longstanding leadership in the funds space, tokenised funds harnessing the benefits of blockchain technology have been one of the early successes.”

Directors - How to Avoid Personal Liability in Times of Financial Difficulty

In times of financial health, this means that directors will meet their duties by reference to the interest of the company’s members taken as a whole.

Four of Ogier's international team named in top 100 trust litigators list

Citywealth has created the list of trust litigators who 'trustees turn to when litigation arrives on their doorstep or on the other side of the coin when families or entrepreneurs are no longer happy with their advice or service'.

Ogier advises Hammer Capital on fund launch for US$1.1 billion take-private of Bitauto

Ogier partner Kate Hodson from the firm's Hong Kong office led the Ogier team

Cayman: More bills rolled out to help offshore sector

In preparation for the next LA meeting, the Ministry of Financial Services is inviting public comments on the bills.

Cayman Island Introduces Fines Under Beneficial Ownership Regime

Effective 29 June 2020, the beneficial ownership regime introduces an administrative fines regime.

Competition watchdog divorce facing probe

While Deputy Parkinson said his committee believed any perceived issues with the regulator could be ironed out, he said his Jersey colleague felt the shared path could be followed no further.

Appleby Mauritius Advises on Tender Offer in Respect of UPL Corporation Limited

The company also provides seeds, seeds treatment, agricultural products storage, and post-harvest solutions.

Red Card for Robins’ Owner as Swindon Town FC Fortification Application Denied

The applicant sought fortification before the High Court of England and Wales

Why Jersey has been a ‘resilient jurisdiction’ in the face of Covid-19

Despite the crisis, Jersey has managed to continue ‘business as usual’ due to proactive planning and economic flexibility that has been enhanced by its technology platforms, according to Allan Wood, global head of business development at Jerse

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